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Figure: Harold's Indifference Curves the Figure Shows Three of Harold's

Question 94

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Figure: Harold's Indifference Curves The figure shows three of Harold's indifference curves for bread and cheese. Figure: Harold's Indifference Curves The figure shows three of Harold's indifference curves for bread and cheese. (Figure: Harold's Indifference Curves) Look at the figure Harold's Indifference Curves.If the price of bread is $2 per loaf, the price of cheese is $4, and Harold has $28 to spend on bread and cheese, what is Harold's optimal consumption bundle of bread and cheese? A) 6 loaves of bread and 4 pounds of cheese B) 4 loaves of bread and 3 pounds of cheese C) 3 loaves of bread and 2 pounds of cheese D) 2 loaves of bread and 8 pounds of cheese Figure: Harold's Indifference Curves The figure shows three of Harold's indifference curves for bread and cheese. (Figure: Harold's Indifference Curves) Look at the figure Harold's Indifference Curves.If the price of bread is $2 per loaf, the price of cheese is $4, and Harold has $28 to spend on bread and cheese, what is Harold's optimal consumption bundle of bread and cheese? A) 6 loaves of bread and 4 pounds of cheese B) 4 loaves of bread and 3 pounds of cheese C) 3 loaves of bread and 2 pounds of cheese D) 2 loaves of bread and 8 pounds of cheese (Figure: Harold's Indifference Curves) Look at the figure Harold's Indifference Curves.If the price of bread is $2 per loaf, the price of cheese is $4, and Harold has $28 to spend on bread and cheese, what is Harold's optimal consumption bundle of bread and cheese?


A) 6 loaves of bread and 4 pounds of cheese
B) 4 loaves of bread and 3 pounds of cheese
C) 3 loaves of bread and 2 pounds of cheese
D) 2 loaves of bread and 8 pounds of cheese

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